Insurance Regulation

RAC Rapped by FCA Over Renewals Compliance – Are We At a Turning Point?

The RAC has been reprimanded by FCA, (Financial Conduct Authority) over its failure to make previous breakdown costs prominent and crystal clear, when inviting customers to compare prices, and then take up insurance and breakdown […]

Big Data

Data Hacking on The Rise, Says RSM Consulting

New figures from the FCA show that reported data hacking attacks against financial services companies have quadrupled in the last year.  The new statistics, contained in a freedom of information response to audit, tax and […]

Emerging Risk

Cyber Attacks in Finance and Insurance Sector Rise by 80%

The number of cyber-attacks against financial services companies reported to the Financial Conduct Authority (FCA) has risen by more than 80 per cent in the last year. In 2017, 69 material cyber incidents were reported […]

Insurance Regulation

InsurTech Gateway Boosts Fintech Support for Start-Ups

These are exciting times for the insurance sector, both in the UK and across the world. The development of AI, big data projects and blockchain finance are fundamentally changing the way new ideas, services and […]

Global insurance trends

Insurance Market Trends: Soft pricing will remain #1 challenge in 2018

Stephen Netherway, Partner and Head of Law firm CMS’ Insurance Sector Group provides pick of the key issues concerning the industry in 2018, leading with a familiar foe; rates. Making a profit in a soft market Cycle […]